IDA 0.00% 11.0¢ indiana resources limited

Ann: Change in substantial holding, page-14

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  1. 2,254 Posts.
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    @christophe.
    Hey old comrade.
    I guess we can now be grateful to Boyton and El Rahgy for putting us in the lime light again.
    I am convinced their intention is to get a better grip on the gold tenements for themselves and manipulte it in their favour. As ecat says, they are potential elephants and who would know that better than Boyton.
    This exercise will have cost us dearly in terms of cash and time but what will now be achieved.
    The share price at 8cents was certainly good value in my opinion and was only that low from lack of interest and no drilling activity. What this has done is got us a cornerstone investor, hopefully close to the current sp and we will be drilling very soon. This mc is still very reasonable and will probaly avoid a retrace that would have been the case after the meeting and while waiting for an exploration plan. All the holdups have been because of this pathetic and selfish board challenge. We could have retraced to 8cents, raised at that level and not seen the real value for months. This board ( Campbell Baird ) have now maximized our position and actually made a huge positive out of it.
    Now to exploration and if we get some positive results, well you've heard it all before, Up she goes.
    We may see a small retrace which will give others like yourself the opportunity to get in.
    Hopefully we will have more to chat about soon.
    Sorry for the ramble.
    Kind regards, W
 
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11.0¢ 11.0¢ 11.0¢ $319.3K 2.903M

Buyers (Bids)

No. Vol. Price($)
16 3249511 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 2374595 3
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